JSW STEEL Q2 FY27 — RESULTS VS ESTIMATES 📊

🎯 NET PROFIT: ₹5,359 Cr vs ₹4,752 Cr est. — 12.77% BEAT 🟢

📈 REVENUE: ₹54,486 Cr — UP 20.7% YoY

💰 EBITDA: ₹10,120 Cr vs ₹9,849 Cr est. — 2.75% BEAT 🟢

📊 EBITDA MARGIN: 18.6% vs 18.2% est. — BEAT BY 40 BPS 🟢

JANA SMALL FINANCE BANK Q2 FY27 ; NET PROFIT UP 127% AT ₹170 CR (YOY), UP 10% (QOQ)

NII UP 35% AT ₹819 CR (YOY), UP 5% (QOQ)

JANA SFB Q2 : GROSS NPA 2.34% VS 2.39% (QOQ)

NET NPA 1.17% VS 0.91% (QOQ)

JANA SMALL FINANCE BANK Q2 FY27 : SEGMENT WISE (STANDALONE)

TREASURY ; Revenue UP 24.08% YOY to ₹434.63 Cr, UP 12.20% QOQ

Profit UP 336.49% YOY to ₹67.08 Cr, UP 29.81% QOQ

CORPORATE / WHOLESALE BANKING ; Revenue UP 11.11% YOY to ₹107.08 Cr, UP 7.53% QOQ

Profit UP 14.16% YOY to ₹0.91 Cr, DOWN 83.19% QOQ

RETAIL BANKING ; Revenue UP 14.69% YOY to ₹2,351.55 Cr, UP 6.22% QOQ

Profit UP 94.50% YOY to ₹87.44 Cr, UP 25.34% QOQ

OTHER BANKING OPERATIONS ; Revenue DOWN 38.73% YOY to ₹14.94 Cr, DOWN 46.16% QOQ

Profit DOWN 38.92% YOY to ₹14.94 Cr, DOWN 46.16% QOQ

JANA SFB Q2 : H1 PBT equal to last FY PBT. Guidance for FY27 PAT raised to 100% increase y-o-y

Highest ever PBT at Rs 170 Crs for Q2 FY27, higher by 127% y-o-y

Improving GNPA at 2.17% and NNPA at 1.08% on GLP

NNPA to be below 1% considering claim lodged and expected in Q3 under Guarantee programs for Rs 68 crores

GLP growth of 22% y-o-y & Deposits growth of 17% y-o-y Secured Assets up 24% y-o-y with Secured book share at ~74% Operating expense lower than previous quarter.

JANA SFB Q2 ; NIMS AT 6.5 % V 7.5 % QOQ 🔴🔴

TATA MOTORS (COMMERCIAL VEHICLES) Q2 FY27 (CONS.)

Net Profit: ₹1,254 Cr vs ₹867 Cr loss YoY | ↓50.94% QoQ

Revenue: ₹25,338 Cr ↑36.35% YoY | ↑22.60% QoQ

EBITDA: ₹2,376 Cr ↑108.19% YoY | ↓36.25% QoQ

EBITDA Margin: 9.38% vs 6.14% YoY | 18.03% QoQ

MASTEK Q2 FY27 (CONS.)

Net Profit: ₹105.67 Cr ↑8.44% YoY | ↓0.20% QoQ

Revenue: ₹1,018.68 Cr ↑8.33% YoY | ↑3.39% QoQ

EBIT: ₹126.75 Cr ↓1.32% YoY | ↓5.25% QoQ

EBIT Margin: 12.44% vs 13.66% YoY | 13.58% QoQ

INDUSIND BANK Q2 FY27

Net Profit: ₹1,242 Cr vs ₹437 Cr loss YoY | ↑19.77% QoQ

NII: ₹4,569 Cr ↑3.63% YoY | ↓2.48% QoQ

Operating Profit: ₹2,874 Cr ↑4% QoQ

Provisions: ₹1,223 Cr ↓12% QoQ

Gross NPA: 2.73% vs 3.25% QoQ

Net NPA: 0.83% vs 0.95% QoQ

AUTOMOTIVE STAMPINGS & ASSEMBLIES Q2 FY27

Net Profit: ₹10.07 Cr ↑129.06% YoY | ↑115.67% QoQ

Revenue: ₹336.70 Cr ↑59.00% YoY | ↑32.91% QoQ

EBITDA: ₹22.27 Cr ↑77.39% YoY | ↑53.74% QoQ

EBITDA Margin: 6.61% vs 5.93% YoY | 5.72% QoQ

Indusind Bank Ltd – APPOINTMENT OF INDEPENDENT DIRECTOR

Board appointment announcement dated October 23, 2026:

- Ms. Priyanka Sinha appointed as Additional Director

- Category: Non-Executive Independent Director

- Tenure: Four consecutive years from October 23, 2026, to October 22, 2030

- Appointment is subject to shareholder approval

BAJAJ FINSERV: BAJAJ GENERAL INSURANCE APPOINTS DEEPAK REDDY AS CEO DESIGNATE; PREVIOUSLY SERVED AS CEO OF MANAPPURAM FINANCE, BAJAJ FINSERV, AMERICAN EXPRESS, STANDARD CHARTERED BANK AND MIRC ELECTRONICS.

INFOSYS Q2 FY27

Net Profit: ₹7,838 Cr ↑6% YoY | ↑1% QoQ

Revenue: ₹49,244 Cr ↑11% YoY | ↑2% QoQ

Operating Profit: ₹11,689 Cr ↑11% YoY | ↑2% QoQ

EBITDA Margin: 23.7% vs 23.7% YoY | 23.7% QoQ

EPS: ₹19.32 ↑9% YoY | ↑1% QoQ

INFOSYS Q2

FY 27 revenue guidance revised to 1%-2% and margin guidance retained at 20%-22%

CO CUTS FY27 REVENUE GROWTH GUIDANCE 🔴

COFORGE Q2 FY27

Net Profit: ₹605 Cr ↑42% YoY | ↑14% QoQ

Revenue: ₹6,171 Cr ↑54% YoY | ↑12% QoQ

Operating Profit: ₹1,223 Cr ↑61% YoY | ↑16% QoQ

Operating Profit Margin: 19.8% vs 18.9% YoY | 19.1% QoQ

EPS: ₹13.27 ↑18% YoY | ↑8% QoQ

INFOSYS Q2 MGMT COMMENTARY

CEO says We had strong large deals of $5.2 billion, including a mega deal of over $2 billion, reinforcing our position as a trusted partner in the marketplace when clients embark on large and complex transformation programs.

Our Al revenue was at 10.5% and grew 29% quarter-on-quarter.

As enterprises move to Al adoption at scale, the strong growth in Al revenues is a recognition of our differentiated market positioning and client confidence

CEO says We are advising some of the largest global enterprise on their Al strategy and continue to invest in deep domain and technology capabilities to bring new ideas and an integrated ecosystem to help businesses unlock Al value at scale

Coforge Ltd – Q2 FY27 FINANCIAL RESULTS HIGHLIGHTS

Financial results for the quarter ended September 30, 2026:

- Revenue: $652.2 Mn (+40.1% YoY)

- EBIT Margin: 16.0% (FY27 guidance upgraded from 15.5% to 16.0%)

- EBIT: $104.1 Mn (+53.0% YoY)

- PAT: $62.2 Mn (+42.7% YoY)

- EPS: ₹13.3 (+18.3% YoY)

- Fresh Order Intake: $1.04 Bn (+50.6% QoQ)

📊 INFOSYS Q2 FY27

• CC Revenue Growth: 1.2% QoQ vs 1.4% estimate

• USD Revenue: $5,145 Mn, up 1% QoQ vs $5,151 Mn estimate

• Total Contract Value (TCV): $5.2 Bn, up 44% QoQ

TORRENT PHARMACEUTICALS Q2FY27 :-

Revenue 4,979.00 Cr vs 3,302.00 Cr
(+50.79% YoY┃+1.18% QoQ)

EBITDA 1,666.00 Cr vs 1,083.00 Cr
(+53.83% YoY┃+0.12% QoQ)

EBITDA Margin 33.46% vs 32.80% YoY & 33.82% QoQ

PAT 534.00 Cr vs 591.00 Cr
(-9.64% YoY┃-5.65% QoQ)

EPS 14.05 vs 17.45 YoY & 14.87 QoQ

CUBEX TUBINGS Q2 FY27 (STANDALONE)

Net Profit: ₹5 Cr ↑163% YoY | ↑236% QoQ

Revenue: ₹83 Cr ↑13% YoY | ↑28% QoQ

EBITDA: ₹7 Cr ↑119% YoY | ↑407% QoQ

EBITDA Margin: 8.6% vs 4.4% YoY | 2.2% QoQ

TORRENT PHARMA Q2 FY27

Net Profit: ₹534 Cr ↓10% YoY | ↓6% QoQ

Revenue: ₹4,979 Cr ↑51% YoY | ↑1% QoQ

Operating Profit: ₹1,666 Cr ↑54% YoY | Flat QoQ

Operating Profit Margin: 33.5% vs 32.8% YoY | 33.8% QoQ

EPS: ₹14.05 ↓19% YoY | ↓6% QoQ